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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

515 Mulberry St Pilot Knob, MO 63663

9,960 SF 1 ac lot Built 1978
Property ID
Property summary
AI-generated overview

This exceptional 9,960-square-foot commercial property, located at 515 W Mulberry St in Pilot Knob, Missouri, presents a unique investment opportunity. Built in 1978, the building sits on a one-acre lot and boasts high visibility from Highway 21, ensuring significant foot traffic and brand recognition. Previously operating as a bowling alley, the property retains many of its original features, including ten bowling lanes, a fully equipped kitchen, a bar area, two restrooms, and an office. The substantial square footage offers immense flexibility for a variety of uses, making it ideal for a restaurant, bar, entertainment venue, or other commercial enterprise. The asking price is $275,000, translating to a price per square foot of $27.61. The property's size and location in Iron County, Missouri, zip code 63663, provide ample space for expansion or adaptation to suit a new owner's vision. With its existing infrastructure and prime highway frontage, this property is poised for immediate success. The substantial lot size also allows for potential future development or expansion. This is a rare opportunity to acquire a large, versatile commercial building in a desirable location with significant upside potential. The property is ready for its next chapter, awaiting a visionary entrepreneur to transform it into a thriving business.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1978
Total area 9,960 SF
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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